For the first time my anger over crypto moves into genuine concern.
Is an entire generation of young people experiencing a kind of "pokemonisation" of crypto well into early adulthood?
In other words, is a generation of 20-somethings wasting the better part of that decade on this tech, in these scams?
If so, this feels new (?). We're not talking about the chain-letter crazes of the 20s/30s, the housewife pyramid schemes of the 60/70s, the ponzi schemes of traditional finance.
We're talking about a "pyrimidization" of technical skill acquisition itself, wherein we dont teach classical mechanics -- that's too "physics2" -- but crypto-mechanics which solves no problems of the prior, and charges.
If this is happening the issues around crypto are perhaps much more severe than I, at least, initially thought. Yes, $100bn will be lost in a vareity of scams deposited, in the end, into the accounts of charlatans, children and gurus. BUT, meh, so it goes.
But a cultural take-over of the technical skill space by a crypto religion is far more series and needs addressing ASAP. Someone needs to explain to the developing generation that this isnt the future.
Is an entire generation of young people experiencing a kind of "pokemonisation" of crypto well into early adulthood?
In other words, is a generation of 20-somethings wasting the better part of that decade on this tech, in these scams?
If so, this feels new (?). We're not talking about the chain-letter crazes of the 20s/30s, the housewife pyramid schemes of the 60/70s, the ponzi schemes of traditional finance.
We're talking about a "pyrimidization" of technical skill acquisition itself, wherein we dont teach classical mechanics -- that's too "physics2" -- but crypto-mechanics which solves no problems of the prior, and charges.
If this is happening the issues around crypto are perhaps much more severe than I, at least, initially thought. Yes, $100bn will be lost in a vareity of scams deposited, in the end, into the accounts of charlatans, children and gurus. BUT, meh, so it goes.
But a cultural take-over of the technical skill space by a crypto religion is far more series and needs addressing ASAP. Someone needs to explain to the developing generation that this isnt the future.